16417 Whittier Blvd - Medical FOR SALE


Whittier, CA 90603- East La Mirada
$3,950,000 USD
909-418-2043
16417 Whittier Blvd, Whittier, CA for Sale
$3,950,000 USD
Medical - FOR SALE
1/4
null | 6.1% Cap Rate

16417 Whittier Blvd
Whittier, CA 90603
East La Mirada


HIGHLIGHTS

  • Infill Single-Tenant DaVita w/ Long Operating History and Term
  • Below Market Lease and Term
  • Recent Capital Improvements
  • Bonus Depreciation Advantage

OVERVIEW

Infill Single-Tenant DaVita with Long Operating History and Term * Strong Tenant and Operating History | The property presents the opportunity to own a DaVita operated dialysis clinic in an extremely infill location. The building has been operating as a Dialysis center for 20+ years, and DaVita took over the operations in 2024. * Below Market Lease and Term | With ±7.6 years remaining on the lease with annual increases and a rent that is ±11.4% below market level, the offering provides attractive cash flow, term and upside. * Recent Capital Improvements | Seller and Tenant have both put a considerable amount of money into the building recently with improvement projects consisting of the installation of two new HVAC units that handle patient treatment areas, new fire sprinkler system throughout the building, seismic retrofitting and exterior and rebranding. * Bonus Depreciation Advantage | Given the new tax legislation passed July 2025, new ownership has the opportunity to accelerate the depreciation deduction in the first year of ownership, which would provide significant upfront tax savings and improve cash flow. CBRE’s Cost Segregation Analysis estimates that such Year 1 deduction could total as much as ±$950,000 with this purchase.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$426 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

R-4

APN/PARCEL ID

8233-009-009

ASK ABOUT THIS PROPERTY

Sammy CemoCBREMore Info
909-418-2043

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Sammy CemoCBREMore Info
909-418-2043

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.